Glenn Beck

Let me give you some good news.

Gold rises not because people are greedy, but because people, they get sober.

They sober up.

So what's happening with gold is people are sobering up, all right?

This is the sound of people buying fire insurance in a neighborhood where everybody smells smoke and everybody's house is on fire.

And so they're buying fire insurance.

The world's drowning in debt, not just America.

The global debt, by the way, is $251 trillion.

That means the entire system is just going to melt down.

And so you can't cut rates without consequences.

You can't stimulate because of currency weaknesses.

So who's buying it?

First of all, the central banks are buying it by the ton.

And people who know are buying it because they know something really bad is around the corner.

But we're the safest house in the burning neighborhood.

Remember, every house is on fire.

But we're not the worst house.

We're still the safest house.

Not because we're perfect, not because we got it down, but because everybody else, including China, Europe is worse.

China, Europe, Japan, everybody has these deep vulnerabilities.